Quantitative Analyst
Research|New York, NY
Duties:
- Work as part of the QES Risk Solutions team and collaborate with the broader QES (Quantitative Research, Economics, and Strategy) team and sales teams to service clients, conduct portfolio analytics, construct portfolio hedges and tactical trades, implement systematic strategies, collaborate with partners, and publish research.
- Leverage the QES’s team’s extensive factor library to design risk models tailored to a client’s geographic/sector focus, strategy mandate, and investment process. Identify and construct new risk factors that are relevant to equity markets. Relevant factors span fundamental, technical, macro, ownership, and alternative data.
- Utilize attribution frameworks to analyze client portfolios and optimization tools to structure factor hedges for portfolio managers, traders, and risk managers.
- Assess how a portfolio’s systematic risks relate to long-term risk premia, current market environment, and the client’s investment thesis.
- Design client-facing tools and automate client-facing analytics for frequently used workflows to increase the team’s productivity.
- Construct off-the-shelf tradable baskets to track risk factors and compare efficacy with ETFs and custom basket hedges from third-party providers.
- Consider implementation trade-offs for tradable solutions including capacity, liquidity, transaction costs, affordability, and precision.
- Write research papers and commentaries: Assist senior analysts preparing client presentations; Communicate directly with institutional investors on risk management topics.
Requirements:
- Bachelor’s degree in Financial Engineering, or a closely related field and 2 years of experience as Quantitative Analyst or similar analyst role in the field including statistical modeling and computer programming.
- Experience in:
- R, Python, Java, SQL, SQL and non-SQL Databases.
- Equity Risk Models (Barra, Axioma, Other Vendors).
- Portfolio Management (Portfolio Construction, Optimization Theory, Risk Management).
- Investment Theory (CAP M, Fama-French, Black-Scholes).
- Quantitative Equity Strategy (Finance, Accounting, Macroeconomics, Statistics).
- Product expertise in Equity ETFs and Custom Basket Swaps.
At Wolfe Research we feel passionately about equal pay for equal work and pay transparency is an integral practice for that. The compensation for this role is market competitive with a base salary range of $150,000-$180,000. We intend to offer the selected candidate a base salary within this range, based on non-discriminatory factors including but not limited to skill set, job-related experience, and location. In addition, we offer an annual discretionary incentive bonus and competitive employee benefits including: medical, dental and vision coverage; life, accident and disability insurance. Wolfe also offers paid time off packages that include vacation, sick days/leave, paid holidays and paid parental leave.
Contact:
Interested Candidates, please email resume to: jullman@wolferesearch.com.